Lower federal taxes help Territorial double earnings
By Dave Segal firstname.lastname@example.org
Posted on January 23, 2019 12:05 am
Updated on January 22, 2019 at 10:06 pm
Territorial Savings Bank’s net income more than doubled in the fourth quarter as loans increased 5.8 percent from the year-earlier period and tax expenses fell sharply due to a new federal law that went into effect at the start of 2018.